Trulia Voices: Can you buy a house without a green card? Which banks will approve mortgages for foreigners who lived in CA for many years and pay taxes legally?http://www.trulia.com/voices/Home_Buying/Can_you_buy_a_house_without_a_green_card_Which_b-490616en-usAnswer by Richard- El Beyhttp://www.trulia.com/profile/richard-el-bey-other-pro-atlanta-ga-10853865/http://www.trulia.com/profile/richard-el-bey-other-pro-atlanta-ga-10853865/Foreign National Loans
Borrowers using TIN Okay
Borrowers with NO CREDIT SCORE
Borrowers with NO SSN
Foreign Nationals {Expatriate}- NO PASSPORT {Must have valid work visa or 30% Down}
70% LTV Purchases
65% LTV Rate & Term Refinance
50% LTV Cash Out {Possible higher if financials are up to par}
Multiple properties OKAY
Corporation purchasing and refinancing OKAY
Richard- El Bey
Avarice Investments
(706) 399-7813 cell
(678) 752-8062 Office
thegocp@gmail.comMon, 14 Oct 2013 14:23:07 -0700Answer by Ann_globenetrealtyhttp://www.trulia.com/profile/ann_globenetrealty-broker-westminster-ca-11951310/http://www.trulia.com/profile/ann_globenetrealty-broker-westminster-ca-11951310/yes, you can buy a house in usa without the green card .
Web Reference : http://www.globenetrealty.comWed, 21 Aug 2013 13:40:43 -0700Answer by Jamie Tianhttp://www.trulia.com/profile/jamie-tian-agent-los-angeles-ca-7942791/http://www.trulia.com/profile/jamie-tian-agent-los-angeles-ca-7942791/Hi Susie,
Yes, you can buy a house without a green card. Some banks will approve mortgages with higher down payments. I have heard many foreigners have had more success at foreign banks.
Feel free to contact me at (310) 717-1321 or JamieTian@RodeoRE.com with any questions or concerns. I would be happy to refer to you a few banks or mortgage brokers who may be able to help you. I would also be happy to help you in your home search once you are ready!
Best Regards,
Jamie Tian
Rodeo Realty
(310) 717-1321
JamieTian@RodeoRE.com
DRE #01920120Sun, 03 Mar 2013 09:56:51 -0800Answer by Thierry Abelhttp://www.trulia.com/profile/thierry-abel-mortgage-broker-or-lender-california-1737349/http://www.trulia.com/profile/thierry-abel-mortgage-broker-or-lender-california-1737349/Obtaining a loan for a Foreign National or a Non-Permanent Resident Alien (NPRA) is not much different than doing a loan for a US Citizen or for a Permanent Resident. We require credible documentation for 2 yrs. + year-to-date Income, credit report or alternative credit to demonstrate â€˜Aâ€™ quality credit worthiness, and seasoned funds in a known financial institution (does not have to be seasoned in a US bank account). Translation of documents may be necessary if the originals are not in English.
Foreign Nationals:
You have no Green Card and no VISA.
No Credit requiredâ€¦but four credit references required â€“ alternate credit from country of origin is okayâ€¦international credit reports are also acceptable. (We usually Google your Country of Origin to determine if they have credit reports & tax filing).
Max 50% Loan-to-value.
Minimum loan amount of $300,000.
Income:
We require 2-years income verification history but it is not necessary to have U.S. tax returnsâ€¦Tax documents from country of origin are okay. If your country of origin does not require to file the equivalent of tax returns, then we need an employment letter on your company's letter head explaining compensation. If the employment letter is in a language other than English we need to get a statement from a tax preparer or equivalent that can provide evidence of your credentials by translating the documentsâ€¦it must be on letterhead so that we can verify the company through 3rd party sources.
Assets:
We must be able to source seasoned assets in a known verifiable worldwide financial institution (i.e., Credit Suisse, HSBC, UBS, Bank of Tokyo)â€¦the funds may not be in an Institution which cannot be verified. The main reason for sourcing the income and assets is for OFAC (Office of Foreign Assets Control) which monitors foreign countries, regimes, known terrorists, etc.
Tax Preparer or Equivalent â€“ Financial Analysis:
If the income and asset documentation is in a foreign language, we might have to hire an Accountant/CPA (tax preparer or equivalent) to analyze, interpret, convert and present the information in such a way so our Underwriter can easily understand. That is, have a comprehensive summary and accounting of thyour financial position. (Tip: All U.S. Embassies provide translation services).
You must have a Social Security Number or Tax Identification Number (TIN) which can be easily acquired through an Accountant/CPA or visit the IRS website that explains what and how to get a TIN. As long as you have applied for the TIN, we can proceedâ€¦.
Passport and second form of ID required.
Power of Attorney (POA) is not allowed. You, if not present in the US, will have to go to an American Consulate to sign and have loan documents notarized.
Verification of existing Mortgage/Rent is required for previous 12 months.
Reserves of 12-months full debt service required (including all payments, cars, etc.).
Feel free to call me.
Thierry Abel
Senior Loan Consultant
All California Mortgage
A Division of APMC
P: (415) 464-8261
C: (415) 378-7508
F: (415) 464-2367
E: tabel@allcalifornia.com
NMLS 304353 - DRE 01380701Sat, 02 Mar 2013 17:42:41 -0800Answer by Chin,tinahttp://www.trulia.com/profile/chin-tina-broker-los-angeles-ca-1516250/http://www.trulia.com/profile/chin-tina-broker-los-angeles-ca-1516250/Yes, you can buy house without a green card. Please call me for FREE CONSULTATION 424-354-6636.Sat, 02 Mar 2013 17:11:20 -0800Answer by Chin,tinahttp://www.trulia.com/profile/chin-tina-broker-los-angeles-ca-1516250/http://www.trulia.com/profile/chin-tina-broker-los-angeles-ca-1516250/Yes. you can buy javascript:{}buy house without a green card.
Please call me for FREE CONSULTATION 424-354-6636.Sat, 02 Mar 2013 17:08:30 -0800Answer by Jane Petershttp://www.trulia.com/profile/jane-peters-agent-los-angeles-ca-877159/http://www.trulia.com/profile/jane-peters-agent-los-angeles-ca-877159/Try Phuong Duong with HSBC. They specialize in foreign loans.Sat, 02 Mar 2013 16:45:26 -0800Answer by Carlos Parraguehttp://www.trulia.com/profile/carlos-parrague-builder-monrovia-ca-4458552/http://www.trulia.com/profile/carlos-parrague-builder-monrovia-ca-4458552/Yes, you can buy a house without a green card.Sat, 02 Mar 2013 15:37:01 -0800Answer by SERGEY FEDNOV *** 424-777-9377http://www.trulia.com/profile/sergey-fednov-424-777-9377-agent-beverly-hills-ca-4323607/http://www.trulia.com/profile/sergey-fednov-424-777-9377-agent-beverly-hills-ca-4323607/I worked with the bank in the past they specialize in home loans to foreigner buyers. Last time It was 40-50% down and under 5% interest rate.
Call me 424-777-9377
____________________Â
Help with Any Real Estate Transaction - Buy or Sell Â
Call me 424-777-9377 - Â FREE CONSULTATION! Â
Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) Â ext. 777.Â
Sergey FednovÂ
President - RealtorÂ®Â
- Trust Sale Realty -Â
Residential & Commercial Real EstateÂ
_______________________________Â
Toll Free: 1-855-TRUST-55Â
Toll Free: 1-855-878-7855Â
Phone: 424-777-9377Â
Fax: 310-356-4925 http://www.TrustSale.com Â http://www.TrustSaleRealty.comÂ
- We Hire CA Licensed Real Estate Agents -Â
Lic# 01896869Â
Â Sat, 02 Mar 2013 14:53:28 -0800Answer by Caroline Harabedianhttp://www.trulia.com/profile/caroline-harabedian-agent-granada-hills-ca-7324535/http://www.trulia.com/profile/caroline-harabedian-agent-granada-hills-ca-7324535/I have the perfect person to answer this for you. Call Bridgette with WestCom Lending at 818-335-0283 and she will be able to get you the answers immediately and she'll also do a free pre-qualification for you to see what loan amount you qualify for and estimated monthly payments. You can also email her at . Good luck house hunting!!
__________________________
Sincerely,
Caroline Harabedian
Realtor
RE-Search Concept
8700 Reseda Blvd., Suite 213-B
Northridge, California 91324
(818) 967-9626 mobile
(818) 979-0226 fax
www.HomesByCaroline.netSat, 02 Mar 2013 14:29:52 -0800